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October 19, 2011

When it comes to the NBA lockout, economist Zimbalist, FCR's paid consultant, sounds like the voice of neutral reason

Atlantic Yards Report

It's notable that, in press coverage of the NBA lockout and negotiations, sports economist Andrew Zimbalist is portrayed as a neutral voice of reason. He does, in fact, come off as Scholar Zimbalist.

However, as Consultant Zimbalist, he produced an irresponsible, tendentious report for Forest City Ratner claiming that the Atlantic Yards project would bring billions in new revenues.

(Remember, then-FCR executive Jim Stuckey--yes, the same Jim Stuckey who's been in the news-- claimed at a 5/4/04 City Council hearing, "It is really not our report, it is Professor Zimbalist’s report." But Zimbalist was paid by the developer and used questionable information the developer supplied.)

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Posted by eric at October 19, 2011 12:46 PM